It takes the average reader and 30 minutes to read The Political Economy of Conditional and Unconditional Foreign Assistance by Mr.Wolfgang Mayer
Assuming a reading speed of 250 words per minute. Learn more
Improving the effectiveness of financial assistance programs is a priority of international financial institutions (IFIs). This paper examines the effectiveness of alternative assistance instruments in a dynamic political economy framework. Economic policies of the receiving country are distorted by the influence of a domestic interest group. The assistance-providing IFI aims at reducing these distortions. The IFI provides assistance either as grants or loans, and either conditionally on reducing policy distortions or unconditionally. The paper shows that, other things constant, one-time grants are more effective than loan rollovers when assistance is unconditional, but that the opposite is true when assistance is conditional.
The Political Economy of Conditional and Unconditional Foreign Assistance by Mr.Wolfgang Mayer is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read The Political Economy of Conditional and Unconditional Foreign Assistance aloud.
The Political Economy of Conditional and Unconditional Foreign Assistance is suitable for students ages 8 and up.
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